Correction to the NYT Correction on Cuomo Jobs RecordComments for Correction to the NYT Correction on Cuomo Jobs Record at http://www.cepr.net , comment 1 to 2 out of 2 commentshttp://www.cepr.net
Tue, 03 Mar 2015 18:11:10 +0100FeedCreator 1.7.3Once Againhttp://www.cepr.net/index.php/blogs/beat-the-press/correction-to-the-nyt-correction-on-cuomo-jobs-record#comment-22576
You ruined NYT's gleeful "gotcha" moment. Loyal BTP fans would recall how many gleeful "gotcha" moments by NYT, Post, WSJ and many economics talking heads, reporters, and of course politicians including Rep. Ryan where they all thought they had a "gotcha" moment on the liberal......
until you educated otherwise....
then their smirk....like air gushing out of a balloon... - JamesTue, 12 Mar 2013 19:50:33 +0100NYT cheers balanced FED budget in news analysis, I thinkhttp://www.cepr.net/index.php/blogs/beat-the-press/correction-to-the-nyt-correction-on-cuomo-jobs-record#comment-22574
On the same day they editoriaze how execrable Ryan's fake budget is, they do a news analysis full of false equivalence, blessing Joel Prakken of MacroEconomic Advisors against deficits vs Rogoff saying reform is more important than zeroing deficits. Holtz-Eakin saying reducing debt by balancing budgets is paramount gets play.
They even hype the danger of THE DEBT LOAD, absolute percentages/tipping point reference/85%-90% as dangerous, and calculate ours as already past there, by tacking on what we owe ouselves for SS, which seems hackish to me.
Then they set up unnamed strawmen (Krugman?) who are saying that debt is irrelvant, to discredit with Rogoff and Reinhardt's own tipping point 'study', and finally grant us three choices: Should we zero out debt and deficit, keep debt to GDP from rising, or something in between? This doesn't even make sense to me, because it ignores automatic stabilizers and business cycle, let alone our unemployment crisis.
Seems like ediorializing in the news section to me?
http://www.nytimes.com/2013/03/13/us/politics/balanced-budget-fight-is-philosophical-and-fiscal.html?ref=politics - JaaaaayCeeeeeTue, 12 Mar 2013 19:05:14 +0100